You are here: Home» Economic Issues» World

Vietnam to Build International Deep-water Port Hub by 2025

Adjust font size:

Vietnam has planned to transform the Chan May-Lang Co economic zone in central Thua Thien Hue Province into a modern international deep-water port hub by 2025, the local newspaper Vietnam News reported on Thursday.

Under the plan approved by Vietnamese Prime Minister Nguyen TanDung, the 370-hectare Chan May deep-water port will serve as an important transit point for deliver goods in the central economic region of Vietnam, and further boosting business between Vietnam and foreign traders.

Chan May's commercial and financial services area and a non-tariff area providing a post-port and hi-tech industrial service will be included in the plan.

An additional 4,570 hectare will be set aside for developing high-quality ecological tourist and service area. Trade, health, sports, shopping and vocational training centers will also be built in the economic zone.

The Chan May- Lang Co economic zone of Vietnam has long been served as a gateway to the East Sea.

(Xinhua News Agency December 11, 2008)